Predicting the Future: Part I

Predicting the Future

By James Phelps, Ph.D.

People regularly predict the future. Economists tell us what policies will result in which changes over the next several years. Politicians tell us how they will bring prosperity to their constituents if they only had another 2/4/6 years in office. The weather person predicts tomorrow, with a 50% probability of accuracy being the best we can hope to get.